Homepage
PR Newswire
26-08-2012, 10:25 AM
(25-08-2012, 03:36 PM)yeokiwi Wrote:(25-08-2012, 01:28 PM)valueinvestor Wrote: Unlikely QLC will sell any hotel but may take GL private and delist it.
He has 67 % and why should he face so many listing regulatary rules ?
Pay 67% and control 100% of the company. Why not?
Complying to listing rules is not exactly very difficult. Those thick skin ones can even ignore listing rules.
And why should he pay a premium to acquire the rest of the shares by delisting?
He can take his time to accumulate for the next 10-20 years. Look at Lee Kim Tah.
What happened to Orchard parade is really an one-off affair. I would not expect HPL, GoucoLeisure to do the same.
Property counters are liked that and they will always be selling at high discount to NTA.
Do they pay premium on RNAV or depressed share price ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.